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Market niche analysis in the casino gaming industry
1Department of Marketing, College of Business and Economics, University of Nevada Las Vegas, 4505 Maryland Parkway, 89154, Las Vegas, Nevada.
Abstract:
This article discusses the nature of market niche analysis in the casino gaming industry. It presents four approaches for conducting market niche analysis. An an example of one approach, the Las Vegas Visitor Profile Study is used to identify a premium niche in the Las Vegas Slot Target Market. A detailed examination of the premium niche profile provides a description of the typical premium slot player. The description of the typical premium player leads to hypotheses regarding needs (the unique preference set) of the premium player. An analysis of the unique preference set suggests an appropriate enhanced marketing program.
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